AFC forms Bermuda captive to insure infrastructure loans

Africa Finance Corporation (AFC) establishes a wholly owned Bermudian subsidiary, AFC Captive Insurance Company, to strengthen its risk management and support the growth of its infrastructure financing across Africa. The captive is backed by up to US$30 …

BERMUDA-FINANCE-Premier Burt heading delegation to Paris and Brussels

IGI launches Bermuda-based specialty treaty reinsurance MGA, Cipher

International General Insurance Holdings Ltd. (IGI) has announced the launch of Bermuda-based Cipher Underwriting Ltd., a specialty treaty reinsurance managing general agent (MGA) that will provide dedicated cyber treaty underwriting expertise and …

IGI Launch Bermuda-Based Cipher Underwriting

International General Insurance Holdings Ltd. [IGI] announced the launch of Bermuda-based Cipher Underwriting Ltd, a specialty treaty reinsurance managing general agent [MGA] established to provide dedicated cyber treaty underwriting expertise and …

Luno Targets Institutional Expansion Beyond Africa and Asia-Pacific With Bermuda License

Key Highlights Luno International Ltd has secured a Class F Digital Asset Business (DAB) licence from the Bermuda Monetary Authority (BMA). The licence gives Luno a regulated base outside its core Africa and Asia-Pacific markets. It will support Luno’s …

Enhanced passenger processing comes to Bermuda

US Customs and Border Protection has announced the introduction of Enhanced Passenger Processing at Bermuda’s L.F. Wade International Airport. It notes that this advanced process is designed to significantly improve security and streamline the preclearance …

Bermuda Stock Exchange Report: August 31 2026

August 31 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,750.77, even on the day. There were 0 advances, 0 declines, and 43 remained unchanged. The full report for the day is available here [PDF]. Read More About #BermudaBusiness # …

NCB Financial Group sells NCB Cayman to its Bermuda subsidiary

NCB Financial Group (NCBFG) has completed the sale of its wholly-owned banking subsidiary, NCB Cayman, to its Bermuda-based banking subsidiary, Clarien Bank.   The transaction follows the receipt of the required regulatory approvals.   NCBFG says a related …

ABIR Report Highlights Bermuda Market Strength

The “continued resilience and strength of Bermuda global [re]insurance market was recently highlighted by two important publications,” ABIR said. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers’ [ABIR] 2025 Global Underwriting …

CBP debuts EPP at L.F. Wade International Airport Preclearance in Bermuda

HAMILTON, Bermuda – U.S. Customs and Border Protection today announced the introduction of Enhanced Passenger Processing at Bermuda’s L.F. Wade International Airport. This advanced process is designed to significantly improve security and streamline the …